Filing Flows › ST JOE (JOE) › How it makes money
How ST JOE (JOE) makes money
ST JOE (JOE) made $156M of revenue in the third quarter 2026 (Q3 2026), -3% from a year earlier. Of every dollar of revenue, 52¢ was left as gross profit, 39¢ was left as operating profit, 24¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $156M | 100.0% |
| Cost of revenue | $75.5M | 48.4% |
| Gross profit | $80.7M | 51.6% |
| Operating expenses | $19.1M | 12.2% |
| Operating profit | $61.5M | 39.4% |
| Income tax | $12.9M | 8.3% |
| Net earnings | $36.9M | 23.6% |
| Operating cash flow | $57.7M | 36.9% |
| Free cash flow | $56.8M | 36.4% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $156M | -3% |
| Q2 2026 | $159M | +23% |
| Q1 2026 | $99.0M | +5% |
| Q4 2025 | $129M | +24% |
| Q3 2025 | $161M | +63% |
| Q2 2025 | $129M | +16% |
| Q1 2025 | $94.2M | +7% |
From ST JOE's 10-Q filed Oct 28, 2026 (on EDGAR).
Questions
How does ST JOE make money?
ST JOE (JOE) made $156M of revenue in the third quarter 2026 (Q3 2026), -3% from a year earlier. Of every dollar of revenue, 52¢ was left as gross profit, 39¢ was left as operating profit, 24¢ was left as net earnings.
What is ST JOE's profit margin?
Net earnings were $36.9M, 23.6% of revenue, in the third quarter 2026; the operating margin was 39.4%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.